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tv   The Young Turks With Cenk Uygur  Current  June 11, 2013 4:00pm-5:01pm PDT

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e gets that this guy, to the best of his ability, is trying to look out for us. >> cenk: all right, welcome to "the young turks." we have a lot of stories for you. obviously we have a lot more on edward snowden the leaker. we'll spend a good deal of time talking about that. the federal reserve, we'll dig in and find out what the hell they're about. do you really know what they're about? you're going to find out on today's program. that's a little bit later. now, we start with turkey. turkey, there are significant clashes with police and protestors. teargas canisters fired. and water cannons and on the other hand, we've got fireworks and metal banging from the protestors.
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what in the world is going on? don't worry you've got one of the preedgenent experts in the country -- preeminent experts in the country on that. first, we'll give you an update from cnn. let's take a look. >> few minutes ago of what looked like police firing in the direction of -- seem more focused on the road next to it. smoke all over this area. since then, as we've seen quite regularly, the police moved back to taksim square. we're not quite sure why they chose to do that. now, we're seeing bulldozers fully in evidence clearing away some of the debris. still, the question really remains what is the strategy here? >> cenk: that's a great question. could be asked of the prime minister as well. turkey's democracy, prime minister is duly elected. why in the world is he marching on protestors in a democracy? good question.
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further updates from cnn. >> live, dramatic scenes unfolding before our eyes coming to us from istanbul, a major city in turkey, one of the most important countries in that part of the world. teargas fired water cannon use. protestors coming in and out of the park. nick is in our istanbul bureau. nick, i'm seeing the flares. is that being fired by riot police or something demonstrators are using? >> i think you're referring to what seems to be a couple of fires in the central square there. we're not sure the origin of them but they're being extinguished by a water canon. there was quite a dramatic atmosphere here. protestors found every piece of corrugated iron they could and kicked it. >> cenk: in fact, we have one of the protestors explaining what happened as well. >> you've been here since the
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very beginning. >> yes. >> did you think that the government would actually attack the park, teargas the park? >> yes. in the morning they -- they arrive here. with 3,000 cops. we were standing here. and they -- they protect us. >> cenk: and the whole time this has been going on, since may 31st, the cops have been coming in and out at different times, attacking and pulling back and saying oh, no, no, we're not going to do anything anymore. there were assurances, the protestors would be left alone and then the assurances turned out to be not true and cops went in on the protestors anyway. again, the prime minister's democratically elected. there's no way why he examine say okay, i understand what the protestors are going to say. it is a democracy. on the other hand, the governor
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of istanbul made a decent point. you guys in new york, you go after the protestors on wall street. i got news for you. we shouldn't have done that either. obviously, we didn't go to this length but a lot of the camps were absolutely destroyed by a lot of the mayors in the cities. so now the prime minister had very harsh words to say when talking about the protestors a little earlier in the week. he said... >> cenk: doesn't quite match the love part of that quote. if that wasn't scary enough, here's one more for you... it is not entirely clear what
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they're getting away with. being in a free country. what won't you let them get away with? let's bring in the panel here. look at this. wes clark. hey. he hasn't been here in awhile. have you ever been on the tv show? >> i don't know. i don't think i have. >> cenk: first time on the tv show, wes clark. long-time contributor to "the young turks" ana kasparian jackson. wes, let me start with you. the protestors say this guy is getting authoritarian. erdogan says i run this place. >> erdogan has always been authoritarian, from the beginning. but it is a complicated thing for them. i get why they're doing it. i've had a lot of greek friends and serbian friends who say we're worried they'll take over again. and these aren't cam allists that are out there. these are liberal secular modern young people that are
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middle class seeing encroachment on their civil rights, rights to hold hands, kiss in public, drink a beer on a friday night. i think they've got a legitimate gripe. but on the other hand, you're dealing with a country that you've got a civil war going on next door in syria. you've still got the kurdish problem there and the longer the protests go on, the more likely it is, unfortunately, for the protestors, that saboteurs to their movement will come in from assad or somebody else to ruin it. and make it worse. >> i feel like that's actually already happening. you do see some protestors that are being more violent than others because remember this started off with a peaceful protest. then, of course, you have the provocateurs, the people that are causing trouble and they're getting into the scuffles with authorities there. and it is delegitimizing the movement. it is giving the government an opportunity to say this isn't a peaceful movement. they're causing trouble. that's not really the case.
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it started off as a peaceful protest. >> cenk: couple of things. it has always been a peaceful protest. and now i don't know who's in the crowd but i do know that in all of the reporting no one in the crowd has ever attacked before the police attacked. so police attack and then i don't know if it is guys getting upset because they got hit in the head with a teargas can stir or people in the -- canister or people in the crowd put in the crowd to do that. >> simply having riot police there is provocation to people. i was in the body armor business. cops to wear underneath their clothes so they don't have to worry about the bottle or the baseball bat breaking a bone and they don't have to be as aggressive. and also when people see it, they react. you've been down at like in l.a., you've been to plenty of street festivals. police come at 5:00 okay, it's closed. get off the street. they're on their horses and
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swinging batons and kind of threatening people. it makes everyone go f you! i don't want to deal with this. people get mad. it is a basic human instinct. if you try to fight people, they'll fight you. >> cenk: by the way the picture we're look at is live from abc into istanbul. it is live shots of turkey. go ahead. >> what's funny is i guess coincidental. some of the statements, talk about the threatening sounding statement that came out toward the protestors. what are they going to get away with and also called them terrorists. >> he called them that a week ago. it is funny how the term gets used. tunney in our country when anyone is doing anything, everyone who is doing anything against what the established government wants them to do. i see fires or flares. who started those? the mindset oh, those terrorists down there. it is trying to draw the lines.
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of course, you know who's doing what. but it is hard to always tell. >> cenk: couple of things there. number one, it really -- we've made a mockery of the word "terrorist," the u.s. did by calling everybody we didn't like a terrorist. so now other governments are saying two can play that game. okay yeah. we're going to call everybody we don't like terrorists. >> but those countries have always been playing that game. we're the ones who have changed how we live our lives. they haven't. >> cenk: i hear you. it is not like the leaders of the country were hunky-dory the whole time. again, erdogan had authoritarian streaks for ten years and he was re-elected with healthy -- >> lot of journalists in jail in turkey. >> cenk: that's an interesting point. let me go to that, too. because there's two sets of people in jail now. one is if you're in a democracy you can't jail journalliveses. turkey is jailing more journalists than any other country, right? so that's a huge problem. that's why the guys on the
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streets are right. second of all, a bunch of lawyers went down to protest what was going on in taksim square. 50 got arrested. this is not what do you in a democracy. the encore of our association the capital said the detainment of the lawyers at the courthouse by force brings the question of what kind of a "democratic regime" we are living in. amnesty international say brutal police violence. we repeated our justice demand in meeting with this istanbul governor. neutral organization saying here the governor is being brutal. they're arresting lawyers and journalists. what i keep coming back to is king an dulg la's quote about erdogan quote he said he thinks democracy is a bus ride and when he gets to his stop, he's going to get off. that squares the bejesus out of someone who grew up a little bit in turkey. >> tell me a little bit about erdogan because you said
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something a couple of years go about where he grew up and the history of that town back in the 1920s. >> oh, yeah, that's right. i had forgotten that, wes. interesting you brought it up. so now everybody in turkey loves -- we're trained from an early age, he's the founder of turkey and he's the best. he's the george washington combined with jefferson madison of turkey. and they're putting up huge posters of him there as you see. in the square. but now erdogan has been trying to get away from the legacy of him because he was deeply secular. other turks wanted to set up a secular country like we have in the united states. he ended it. he said that's it. istanbul is no longer the capital of the muslim world. we won't have the cal pay the rule out of it. religious people never like that. erdogan is more right wing than
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our evang for example cals are here. buttered began came from a town that he -- putting away muslim rule. so apparently he's never forgotten that. so what he's trying to bring turkey back to is a muslim country and when that's not in our tradition. i mean, of course, we're muslim in terms of the people living there are muslim but it is a secular country ruled by islam. so that's why you see the conflict that you see in the streets today because it is at least 50% of the population saying enough. you know, you're not going to take away our cho. you're not going to turn us into iran where we're afraid to kiss our girlfriend in the street. >> also, another -- one of my friends was in the first protest and had been on it all week. i've been getting a lot of updates. a lot of the outrage was about simply the new bridge he built and it was named after 17th
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century sultan who led a huge pilgrimage against all whites. he was known for slaughtering people. so the guy -- he's definitely got negative tendencies. >> cenk: last word? >> considering what the united states is going through right now with this whole nsa three is definitely inspiring to see people in turkey take to the streets and fight for what they believe which is secularism and i wish that we had that same type of passion here in the united states. we saw a little bit of it with the occupy movement. there is you know, occupy gezi park in turkey and it feels good to know it has some roots in american protests but i wish americans would also get up in arms about what's happening with us with our civil liberties. >> it is good to keep your eyes open. we're talking about how the secularism, the guy trying to change things. we keep hearing from our elected officials. u.s.a. is a christian nation. don't forget. christian nation.
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christian nation. we keep hearing this. it keeps getting flooded. there are similar things that could happen in countries you wouldn't expect it to happen. >> i would be okay with the occasional christian nation thing if you live by the charities to the poor and taking care of the sick. >> cenk: that's not the kind of christian we're talking about. we're talking about the christians who are good money changers. that's what jesus was in favor of right? when we come back, speak of what ana was talking about we'll dive back into snowden the leaker in the nsa. is he a whistle-blower? some are saying he didn't expose anything ig legal. all of this is perfectly legal. nonsense.
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about donald rumsfeld. >> (laughter). >> watch the show. >> only on current tv. you know who is coming on to me now? you know the kind of guys that do reverse mortgage commercials? those types are coming on to me all the time now. (vo) she gets the comedians laughing and the thinkers thinking. >>ok, so there's wiggle room in the ten commandments, that's what you're saying. you would rather deal with ahmadinejad than me. >>absolutely. >> and so would mitt romney. (vo) she's joy behar. >>and the best part is that current will let me say anything. what the hell were they thinking?
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>> cenk: we're back on "the young turks." now we want to give you an update on edward snowden, of course, the leaker and correctly identified as the whistle-blower
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on the nsa story. first of all glen greenwald who broke the story for "the guardian" said there will be more documents leaked, probably the nsa's flipping out and rifling through greenwald's material as we speak. and then there's now a manhunt for snowden in hong kong. he is underground and it is not clear where he is. russia is actually considering offering him asylum if he would like it. and it is not clear of course, whether he's going to stay in hong kong, whether hong kong would ex--- extradite him. now, i'll bring back the panel. wes clark ana and jr. guys, there is this question now about whether he's actually a whistle-blower because they say well, you know, he didn't expose anything illegal. but old friend of "the young turks" wrote a great piece in salon pointing out the aclu versus the nca clapper versus
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secret fisa court case where the court ruled four different times that what the court is doing is either unconstitutional or illegal. on three of the cases, they were dismissed because there was no standing. they said we don't know who was harmed by it. we need to know who was harmed. we can't know who was harmed. interestingly enough, snowden showed we're all wiretapped in a sense, right? so now we all have standing. that's why rand paul and guys like him can sue as well as electronic frontier foundation and aclu, et cetera. so now, because of what snowden did, the courts might get to say this is illegal and unconstitutional. >> depending on who the judge is going to be. >> cenk: depending on which circuit it goes to, et cetera. so just quick thoughts on that. wes, we haven't heard on you from this. >> you mean is he a leaker? >> cenk: is he a whistle-blower? >> he's a whistle-blower. do you think he's a traitor?
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i said no, he's not a traitor. he didn't give information to the enemy. and what's truly ridiculous about this and the press to punish this guy is it is not like he gave away the code that they're using or told you specifically how they're doing it. and the reality is the chinese and the russians know way more than he does about what we're doing. i know they do. it is just -- look, every phone call you make is in a database. not just who you called, not the number the actual conversation. as well as all of your e-mails and everything else. but it is this huge, giant mountain of information. not looking to see who someone is screwing or what they're doing in business. they're looking for terrorists so there are algorithms that are going through this huge mountain to find the needle in the haystack. >> if he's not a whistle-blower and he didn't expose anything that the government was doing that's illegal why does the government want to extradite him so badly?
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>> cenk: yeah, what's the big deal? all sudden, people talking about traitor is. it a big deal or not a big deal? >> exactly. if it's not a big deal, let him go. let him stay in hong kong or do whatever he wants. >> setting an example. whenever you go over the top of something -- anyone else out there has this information, in a particular situation position to find this, don't do it. we'll come at you this hard and say traitor. you're making all americans unsafe. you need a full attack so no one thinks about him. >> look at bradley manning. the guy has been in solitary confinement for two and a half, three years? >> cenk: certainly for nine months of that time he was in solitary contime for 23 out of 24 hours then get to walk around in shackles sometimes outside. >> it is punitive. >> cenk: that gets into an interesting point. so he was -- the last job that he had snowden, was with booz
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allen hamilton. 98% of the money comes from the government. they have about $6 billion in contracts. bush's former intelligence guys, now work for booz allen. obama's intelligence guys used to work for booz allen. golly gee all decided to give more contracts to booz allen. the flip side of that is 70% of the intelligence is done by private contractors. a company like booz allen which there is about a million people now in the intelligence field. >> 1.3 million in america that have top-secret clearance. >> cenk: right. with booz allen 3/4 of their employees have classified clearance. half of them have top secret clearance, right? so then wes, doesn't that get to the point of unless they get punitive on manning snowden there will be leaks everywhere. that's what they're really afraid of. >> that's what they're really afraid of. i see why he did it. i don't think he was doing it for any other reason than, you
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know, just what he thought was right. i know a lot of people say he's trying to get attention. you want to do stuff that matters. also, on the internet, what i see is how stupid he is because he went to hong kong and yeah, he's naive. he's a 29-year-old with a ged that didn't graduate from high school. so he's naive about where to go, what the governments will do. any country that gives him asylum will hand him right back to the united states within five or six years, as soon as they want something from the united states. he's just a card to be traded back. he's never going to be safe or secure. >> cenk: do you think they'll put him away for life? >> i think they're going to try to. absolutely they will. >> i don't know. this crossed my mind to have this high-level clearance. if their fear for the possible leaks. maybe there is credibility to the fact that who knows how many people have it, could actually release secrets and some information. none of us really do want released that could cause all of the things that they're
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overblowing and saying could happen. what secrets do they have? >> i would say half of all secrets are simply embarrassing things that they've made secret. because you can't quite -- secret, you don't need to know that. a lot of it is simply -- the problem here is this is a kid who, i'm sure, grew up, because he grew up in north carolina, he was really patriotic and he remembered his little story in elementary school that george washington told the truth about cutting down that cherry tree and that we shouldn't lie. he's in his 20s and still idealistic and thinks because we live in a democracy and have freedom of the press that we should tell the truth. personally, i think we need to dismantle the national security state where everything is always secret. whose benefit is the country run for if we don't know what we're spending the money on. >> cenk: we spend a ton of money on it. ana asked a great question last night on the online show on she said would you do it? and that's a hell of a question.
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jayar, would you do it if you were snowden? >> now okay, the kid is 29. you would have to weigh options. and from what i've weighed it sounds like a move. probably not. >> tough move on your part. but you're not going to do it. >> say i'm talking to a few people. say i'm talking to wes about it. sweden's offering me this. listen, your card in five or six years, man is this worth it? am i really getting where i need to get? for doing this? maybe it comes back in the end to bite you. >> cenk: i'm going to go further. i'm not sure i have the courage to do it. to say i'm willing to spend the rest of my life in prison. it's gotta be young guys almost because i've got kids. >> once you have kids -- and totalitarian regimes when you have kids, they own you. you're not a threat anymore.
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in panama, one of the families we're friends with, how they do control in most countries they don't have to kill you. it is four guys show up at your house, friday night they beat up your kids in front of you. now you do something again and we'll come back. nobody crosses them again because most people -- we're all raised to think we're heroes because every movie is about a hero defeating the bad guy and how brave he is. reality is very few human beings are that kind of brave. >> i definitely would not do it. and i know i'm coming out strong with that. i don't have children and so i'm doing it for selfish reasons. i'm not cut out to be an american hero, to leak that kind of information. >> people end up missing. >> cenk: it is extraordinary courage. one last quick thing here, oh, no, it is too long. okay. let's take a quick break. we'll stay on snowden. we have a lot more because our politicians largely saying
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traitor, treason possible execution. and you weren't covered. oh, and your car is a time machine. [ beeping ] ♪ ♪ would you go back to when you got that less than amazing policy and go with esurance instead? well, they do have tools like coverage counselor to help you choose the coverage that fits you. it's like insurance from the future. actually, more like insurance for the modern world. thank you! esurance. now backed by allstate. click or call. esurance. now backed by allstate. click or call.
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>> the greatest fear that i have regarding the outcome for america, of these disclosures is that nothing will change. in months ahead that, the years ahead, it is only going to get worse. a new leader will be elected. they'll flip the switch, say that because of the crisis, because of the dangers that we face in the world, you know, some new and unpredicted threat, we need more authority. we need more power. there will be nothing that people can do at that point to oppose it. it will be turnkey tyranny. >> cenk: think about how right he is. remember karl rove?
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he told the u.s. attorneys across the country give me case of border fraud whether they exist or don't exist and if you don't, i'll fire you. in fact, he did fire them. there was a great republican u.s. attorney in new mexico. he said look, i investigated. i smell -- spent a lot of time investigating. karl rove said you're fired. also after don siegelman the governor of alabama put him in jail for something he didn't do. he had republican operatives working on that case, prosecuting him. now, you think a guy like that wouldn't do exactly what snowden just said. given the enormous power of being able to look into all of your e-mails phone calls et cetera, that he wouldn't take out his political opponents? you're insane if you think that. wes said in the last segment that snowden was a little eye new year's eve in doing this because of all of the things that will come down on his head. you're massively naive if you
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think there isn't going to be a president that isn't going to abuse this power to take out his political opponents. given that kind of power of course they will! of course they will. and if you're now an obama supporter saying oh, no, no, my beloved obama will never do anything wrong. first of all, you're a partisan hack and you should stop it. how is that for clear? second of all wait until you get a republican president. then what is your nonbeloved republican president going to do to maybe you and people you know? you want to give that kind of power just because your beloved obama signed off on it? ridiculous. all right. now, a lot of people have gotten the memo. george orwell's book, "1984", dramatic increase in sales. 7,000% increase, in fact. then our politicians though did not get it. with the exception of rand paul, ron paul, merkley who is a democrat and a couple of others like ron wyden who is a
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democrat too. fascinating alliances. lindsey graham, first guy to hand over -- said please give away all of your constitutional rights. he says look, for example in world war ii, the mentality of the public was that our whole way of life was at risk, we're all in. we censored the mail. when you wrote a letter overseas, it got censored. if i thought censoring the mail was necessary, i would suggest it but i don't think it is. in other words shut up. otherwise we'll censor everything. okay. we won't even let you send the e-mails. do you think it's bad? i'll make it worse. democratic kiss asses of obama like dianne feinstein in the same boat saying i don't look at this as being a whistle-blower. i think it's an act of treason. yeah senator feinstein treason like what you get for treason is execution. brilliant, terrific. i like the progressive senator from california. barbara boxer apparently another fraud. of course, falling right in line with president obama saying yes!
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spy on all of us. i remember barbara boxer. how she used to cry during the bush years. oh, my god they're spying on us. what obama is doing. oh, thank god they're spying on us. these people are total and utter frauds. they're not remotely progressive. all they are is yes we're part of the establishment and we're here to protect it at any costs. i think i'm pretty clear on that. let's go to our panel. ana, wes jayar i just had an event the other day. someone was telling me about how great barbara boxer is. all right. al franken, oh he's going to be so progressive. great to have him in the senate. he's out talking to minneapolis press saying i'm on the committee on privacy rights. i've really looked into this. this thing rocks. we need it. we need it! by the way you know, all of these guys, admitted there's something positive the government did they leak it right away, right? where is your leaks on how great this program is and how many
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lives are saved and how many terrorists are thwarted. where? nowhere. >> one act that thwarted. that pakistani fella in new york that was planning to blow up the subway a few years ago who didn't have any bombs didn't know how to make bombs. didn't have weapons but was asking hey, i would like to do this online. >> cenk: almost every single arrest related to that in the u.s. is the fbi saying you want to bomb something? i've got some missiles. look, the guy says yeah, i want to bomb them. okay. we put them away. >> step beyond the political people using it against us, the first group of people that will be using it is domestically. really as red-blooded americans will be environmentalists. it is going to be in three or four years. that's already what the fbi and the c.i.a. has put a lot of the resources in when they do war games and everything else. it is radical violent environmental groups.
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>> environmentalists and anyone -- >> even earth -- they burned a couple of tvs in a parking lot five years ago. that's who they're after. >> cenk: remember during the bush years they spied in on quaker because the quakers are really dangerous. the whole point is to be nonviolent. >> this isn't about peace. they don't do stuff like this for peace. they do it to keep control over their people, their agenda and their money. that's it. >> i see it as a form of intimidation, as well. if you know that the government has access to all of these files, whether it is your e-mail or phone conversations, are you willing to go out there and stir the pot? are you willing to question authority? i think a lot of people would not want to do that because they don't want their dirty laundry to be out there. so i think that's one of the biggest problems of this and it is ridiculous that people would rather play partisan politics as opposed to looking at what the real issue is and how our privacy is being violated.
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>> cenk: if you think it is conspiratorial, protect their money as wes said. there's three defense contractors that, because of a faction of anonymous -- we got their e-mails. it turns out they were targeted glen greenwald before this, okay? because he was publishing some of the wikileaks stuff. they were targeting him. they were targeting other people including the seiu, a labor group, anyone they perceived to be an opponent of the chamber of commerce right? and center for american progress. we know. we got the internal e-mails. they were going to try to smear them and destroy them through character assassinations, et cetera. how? they were going to get their private information. a lot of the defense contractors and private contractors have access to the top secret information. >> even if they don't work in that particular organization, everybody knows each other. i went to foreign service school in georgetown and got plenty of
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friends that worked for different government agencies and private agencies that do stuff and these kinds of fields and they all talk. they all know each other. just because they're not working for that particular organization hey bob, you know, there is this guy who's giving me a hard time. can you give me some of the texts and stuff? i mean back when we studied -- when we said this when i was in school, the reason that we didn't allow targeted assassinations wasn't even because of the fear of the political thing. it is because inevitably, one of the first people you're going to kill is the guy who was sleeping with the chief of police's wife. because people use it for their personal advancement. as they do in every organization. >> cenk: by the way in lee fong's story in the nation, they were targeting glen greenwald not because they were doing something against the government but because the chamber of commerce, business interests were upset because wikileaks might have targeted bank of america. so bank of america told the chamber of commerce, hey, go get glen greenwald okay?
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now, they didn't wind up doing the plot because anonymous found their e-mails before they get executed. what does the government do? anonymous. how come you let them know that they were going to do this and target -- it isn't let's protect the reporters. let's protect our information from the private contractors. their thing is shut up about it already and let us merge state and business and run your lives. >> as we saw from what the polls said yesterday from people in general, the general public will switch as far as its own political leanings, right. won't mind if it is your guy spying on you. what you need is the general public that will rise against this. people that will trigger that and those people that they find, those are the targets. violent or threatening groups or else you won't get people to go against them. >> the xbox one which goes on sale next year, they'll be able to spy on you with a camera in
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your house all the time. >> cenk: there are several different versions of that coming out with several different companies. okay. when we come back, we're going to talk about actually the most powerful force on earth. that's the federal reserve. who's in the federal reserve? do you know who runs it? who gets to appoint people on it? who runs the most powerful thing on earth? if you don't, we'll tell you when we come back.
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>> cenk: we're back on "the young turks." an interesting topic about federal reserve. the author of a book called "the alchemist, three central bankers and the world on fire" is neil irwin. also writes for "the washington post." great to you have here on "the young turks." >> thanks for having me. >> cenk: let's break down the federal reserve. i think there's poor information on that. and your whole book is about this organization. how did it get started and what
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is it? >> so, 100 years ago, there was this situation where every time there was a banking panic, every time there was a mild downturn in the economy, the passing of the agricultural seasons caused shortages of cash in the financial system. we created the federal reserve. congress did in 1913. a century ago this december. it is this very strange organization where you have these privately-held banks in 12 places around the country. the board of governors in washington appointed by the president and confirmed by the senate. this unwieldy system that distributes power to different places and it is extraordinary power indeed. they have the power to print money in the united states. >> cenk: let's talk about that for a second before we move on to the boards. they have to the power to print money. a lot of people think the government prints money so it is not the government, it is the federal reserve that prints money. >> well, look, the board of governors is a government agency. they're created by congress. appointed by the president. confirmed by the senate.
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the actual work of monetary policy, distributing cash is carried out by the strange kind of quasi-private public-private banks in 12 cities around the united states. >> cenk: let's talk about that. for example, the federal reserve of new york and again people think okay, that's probably a government institution. but not exactly right? so what is it? >> you know, it is a strange structure. they're technically owned by the banks themselves in that district. they own shares. now, it is controlled legally by the guys in washington who are appointed by the president but it is a strange system. they have the boards of directors that include bankers businesspeople, community activists, those are the ones who actually select the president of these reserve banks. it is a pretty unwieldy system that does deploy a lot of power into the private sector and you also don't always know exactly where the money is and who's controlling things. >> cenk: so, look, i'm a sent cal kind of guy. so if you tell me the bankers are on the board of the federal
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reserve of new york, i think the federal reserve of new york is totally and completely corrupted by that and that they're not going to do anything in the public interest. they're going to do something in their interest. isn't that a fairly obvious conclusion? >> you know, it is a concern. what i think people in the fed would say is you know, it is a formality. these boards of directors they're more advisory. they help on the management stuff. they're not the boss of these guys who are actually regulating the banks. it is definitely an appearance problem. there are some concerns if you're a regulator one of these guys the san francisco fed and your job is to overseat banks and you're spending your time hobnobbing with the bankers yourselves, that's the world you live in, can change your perception of what's important and what are the priorities. i think we, as a democratic society, should expect these guys to take every possible effort they can to make sure they deal with that and try and understand what's going on in the mainstream. what's happening in the real economy not just among bankers
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but in this real united states economy. >> cenk: so the new york fed used to be run by tim geithner before he became secretary treasurer for president obama. who appointed him? >> he was selected by the board of directors which was then approved by the board of governors in washington. that board of the new york fed included at the time, steven friedman, former ceo of goldman sachs that, included -- i can't remember whether jamie dimon was on but jamie dimon has been on the board for some time. you know, this is a situation where you have these very powerful businesspeople who have this control over the federal reserve system through this avenue. it is not absolute. there is a check that happens in washington through these appointees in washington but it is definitely making you uncomfortable if you believe in public institutions being run for the public good by politicians and elected officials. >> cenk: tim geithner wouldn't have had his job unless the top bankers of the country picked him to have that job. >> there had to be approval from
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washington. he was appointed in 2003 to the new york fed after a process where they talked to a lot of leading bankers and he got the job. the rest is history. he then ended up being new york fed president during the crisis. >> cenk: one more quick thing about that. tim geithner said in the past when he was head of the new york fed, that he did not have any authority to regulate the banks. i've always been curious about that. is that true? and if so, what does the head of the new york fed do? >> i think it is kind of misleading. what happens, the reserve banks like the new york fed, they carry out a lot of the work of regulating banks. new york fed staff in the ground. they're on the ground at jpmorgan or citigroup trying to understand what the banks are doing and where they might be taking inappropriate risks. policies are set in washington. it is policies set by the board of governors. it was tim quiter in's employees doing a lot of the work understanding what risks there were in the financial system and with hindsight, they were misjudging the risks. there were these risks building up on wall street not fully understood.
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that was tim geithner's staff and the new york fed responsible for that. you know, it is absolutely the case that you have the strange lines where you know, it is not kind of what they teach you in democracy 101. >> cenk: so, what i want to understand finally is the relationship between all of the different 12 regional feds and the central federal reserve in washington because you're saying the central federal reserve is totally governor-appointed, it is not quasi-private. they're the ones who set the policy. so what is their relationship with the ones that are quasi-private and whose heads are picked by the top banks in those regions? >> you know it varies. sometimes there is a healthy good relationship where they're all on the same page but it is also a -- you know, there are also the delicate tensions. reserve bank presidents are paid more like private sector employees. tim geithner had to take a 50% pay cut to go from being the new york fed to the treasury secretary. he made $200,000 when he came to washington from $400,000.
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they spend their time in the chamber of commerce and out in their community. there are advantages to that but one of the disadvantages is there isn't that democratic legitimacy in the same way with somebody who is either elected to public office or comes through a presidential appointment and appointed by elected officials. >> cenk: so having studied this and having written a book on this, do you feel comfortable the federal reserve should be making the biggest decisions really on the planet, in terms of how much money we print what our monetary policy is, et cetera. and do you think that they are clean enough from the influence of the banks that they are regulating overseeing, et cetera, to be able to make those decisions impartially? >> i think it comes down to compared to what? i think you look at history it has often been the independent central banks that do have some distance from politics and some of their own authorities that have made better decisions than situation where is central banks are too close to the politicians. where, for example they print money to fund the government and
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the result is high inflation. it can gear the other direction where there's too much democracy and too much political process. i think we as americans need to demand that these institutions behave by democratic norms and this we don't have some sense that it's only the bankers who have their say. that these institutions who work on behalf of taxpayers are serving taxpayers, not just the banks they happen to regulate. >> cenk: they're supposed to be serving the american people. but that's not the sense i get from how they've conducted themselves. neil irwin's book is called "the alchemists, three central bankers in a world on fire." check that book out. thank you neil. appreciate it. >> thanks so much. >> cenk: all right. when we come back, we've got a football player in trouble or an ex-football player for slapping a lawyer's ass. and a judge is not having it.
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>> cenk: all right. we're back on "the young turks." we're going to get a little lighter here. we've been pretty heavy today. it is going to involve ass slapping. so here to explain it of course is carmella. robin, legal affairs correspondent? that's what i called you is back. and new nickname for you logan. lopo. logan pollard just came up. >> i don't like it. >> cenk: we'll see if it flies or not. sara jackson is here. go. >> so chad johnson the nfl star, formerly known as ochocinco is in trouble again. last september he pled no contest to allegations that he head butted his then wife, evelyn. for that incident, he was ordered to go to counseling and one year of probation. on may 7th of this year, he violated the probation which leads us to his court appearance yesterday. so, he was a minute away from locking in a plea deal that
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required no jail time of him when he got a little handsy. >> chad ochocinco johnson whose contract was terminated by the dolphins is behind bars brrr something he and so many other football players do on the field every week. that winning pat on the rear. and then that quick pat. laughter and giggles from others in court. >> now the one person that did not find any of that funny is the judge and it did not turn out well for johnson. take a listen. >> reporter: johnson's attorney steps in.
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>> now johnson has been sentenced to 30 days in jail and the general reaction on twitter that i saw was that the judge overreacted. she was on a power trip. what did you guys think? >> cenk: are you kidding me? 30 days in jail? hsbc, we were talking about the federal reserve. laundered money for al-qaeda, iran and the mexican drug cartels. zero days in jail. 30 days in jail for an ass pat? >> not even a violation of probation in my opinion. as a former prosecutor who put people in jail for violating the law, the terms are if you violate an ordinance. it would have to be a battery but it was not something the lawyer found to be offensive. it is not a battery. therefore, it is not a probation violation. therefore, the only thing that
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should be slapped is a big fat appeal. the reality is he will do the time. >> you think the judge overreacted? or he deserved the 30 days? jail? >> i don't think what she did was lawful. the only problem is she has the discretion to do what she wanted to do for the prior violations. >> i'll let you guys go. >> that's what i was wondering. as a former prosecutor putting people away. i have this picture in my head. there is a very serious opinion of the court. this is my court as far as the judge goes. anything that goes on, if someone is laughing, she mentioned the laughter multiple times like they're laughing at me. this is my court. they're laughing. that means they're laughing at me. then she slaps him. is that reality? >> that's exactly reality. if you watch the tape really slowly you see what happens was the laughter is what caused her to pay attention. it was -- she didn't really see the slapping. it was that she heard the
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laughter and that's what ticked her off. >> she was trying to entice him to mess up. because she asked him are you satisfied with, you know, your attorney? typical question that's asked but it was like -- it was almost like she had a bias. i really think that this story really shows how there's something weird culturally going on in our society. where there's like this effort to rein in black men -- in really inappropriate ways. you see it here. even her own bailiff was laughing. >> what about the fact the tv cameras there. it was the last minute to do anything. >> i'm going to disagree with you guys. initially, did i think she overreacted, felt like she was on a power trip. you're probably right. she didn't probably see the butt slap because she of she's legally blind according to reports. >> cenk: the judge is? i guess justice is blind. >> that's not relevant. we all know he slapped him on the butt. she knows that.
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that's not up for debate. now, this is a guy who obviously has enough money to hire an amazing attorney and he's getting off on a misdemeanor domestic violence charge already. okay. >> cenk: ah, i see. interesting. >> let me finish my thought. he's already getting a great deal. there are people being locked up for marijuana possession. he should realize he's in a fortunate place. second of all, he did violate his probation whether or not it was a miscommunication is not really important. now, this is a third strike for him to slap his attorney's behind. >> cenk: not really a strike. look you made a really compelling case. i'm going to go to a split decision. what the judge was doing is she was mad at him for -- he head butted his wife. i think logan is right. she was looking for an angle to get him because she thought he was getting off light and he wanted to come back for justice. on the other hand, there is a power dynamic here. i don't know if it is racial or not. i do know if it was a top
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quarterback in the league like peyton manning or tom brady no way! no way 30 days in jail. >> i don't know about tom brady. i don't think that tom brady would ever do something like that. i think johnson was provoking her. >> cenk: peyton manning once -- i don't know if i can even say what he did on air okay. he put his genitals over a trainer's face, okay? in college. but he's a beloved star. we can't get him. >> but the person to be mad at is the prosecutor. this was a plea deal. this is a deal between the d.a.'s office and the defense attorney and the judge didn't like it. she could have done something about it then, not here. >> cenk: all right. we'll have to leave it right there. i like it. we got most fiery on this. anyway one final point when we return.
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>> cenk: all right. we're back on "the young turks." you're looking at a live picture of turkey there. it is 2:59 a.m. in turkey.
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they're still out there. the protestors going. they live in a democracy. we live in a democracy. they're angry with their government. we should be just as angry with our government. all right. we're done for today. bye-bye. >> john: thank you turk. donald trump called edward snowden a grandstander which is kind of like donald trump calling edward snowden mr. stupid hair. but this case has allowed us to see john boehner siding with diane fine stripe against -- feinstein with against michael moore and glenn beck. we'll talk about it with congressman keith for exampleison. snowden said the country that most aligns with his values is iceland. an icelandic member of parliament who helped release the wikileaks video has offered support but it is not all that easy to seek asylum there. we'll speak live with her. an


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